Posted 4/9/2024, 8:17:12 AM
Gen Z Leads the Way in 'Funflation,' Planning More Spending on Travel and Entertainment
- Gen Z embracing "funflation", planning to spend more on travel and entertainment than other generations
- 38% of Americans willing to go into debt for at least one fun purchase this year
- 44% of Gen Zers planning to spend more on travel compared to 37% of Millennials, 20% of Gen Xers, and 24% of Boomers
- Gen Z leading the way in eagerness to eat out (39%) and spend on live entertainment (44%)
- 30% of Gen Zers and 35% of Millennials willing to take on debt for travel, higher than older generations